Is Breckenridge, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Breckenridge was a Neutral Market.
Housing Prices in Breckenridge, CO
How much do homes in Breckenridge, CO cost?
Median Sold Price
$1,055,000
$690/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Breckenridge was $1,055,000 in May 2024, down 51.8% from last month, and the median price per square foot was $690.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $775K | - | N/A |
2 Bedrooms | $1.0M | $965K | -5.4% |
3 Bedrooms | $2.3M | $1.0M | -54.4% |
4 Bedrooms | $2.4M | $1.4M | -40.8% |
5+ Bedrooms | $3.0M | - | N/A |
Summary: Breckenridge housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 54.4%, 4 bedroom homes decreased by 40.8%, and 5+ bedroom homes did not change.
Housing Supply in Breckenridge, CO
How many homes are available in Breckenridge, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 63 | +26.0% |
Summary: The Breckenridge real estate market had 63 homes for sale in May 2024, a 26.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 8 | +33.3% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Breckenridge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Breckenridge in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Breckenridge, CO
How long does it take to sell a home in Breckenridge, CO?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
86 Days | 64 Days | -25.8% |
Summary: Homes in Breckenridge had an average of 64 days on market in May 2024, down by 25.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Breckenridge; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.